AS WE BELIEVED GROWTH PROJECTION IS < 5%.  HERE BUDGET EXTRACTS (REPRODUCTION FROM TECHNO CHAT ROOM)

BUDGET EXTRACT

(reported by Techno chat room)

*CHIDAMBARAM SAYS INDIA\'S GROWTH POTENTIAL IS 8% 

*INDIA\'S GETTING BACK TO 8% GROWTH RATE A CHALLENGE: CHIDAMBARAM 

*CHIDAMBARAM: INDIA NEEDS $75B TO FINANCE CAD 

*INDIA SETS FY14 PLAN EXPENDITURE 5.55 TLN RUPEES 

*INDIA SETS FY14 TOTAL EXPENDITURE AT 16.65 TLN RUPEES 

*INDIA REVISED EST FOR TOTAL EXP 16.7 TLN RUPEES 

*INDIA BUDGET EST FOR TOTAL EXP 16.7T RUPEES 29% HIGHER THAN RE 

*INDIA TO RAISE EDUCATION SPENDING TO 658.7B RUPEES 

*INDIA TO SPEND 802B RUPEES FOR RURAL DEVELOPMENT IN FY14 

*INDIA TO SPEND 330B RUPEES ON JOB GUARATEE PROJECT FY14 

*INTEREST SUBVENTION FOR SHORT-TERM CROP LOANS TO CONTINUE 

*INDIA PROPOSES TO BUY 10,000 BUSES FOR HILL STATES 

*INDIA PROPOSES 3.07B RUPEES FOR NATIONAL LIVESTOCK MISSION 

*INDIA ALLOCATES 100B RUPEES FOR FOOD SECURITY 

*INDIA PROPOSES TO ALLOW 500B RUPEES IN INFRA BONDS TAX-FREE 

*CHIDAMBARAM: FY13 TAX-FREE BOND SALES SEEN AT 250B RUPEES 

*INDIA TO GIVE 50B RUPEES TO NABARD IN FY14 

*INDIA PROPOSES INVESTMENT ALLOWANCE FOR HIGH-VALUE INVESTMENTS 

*INDIA TO GIVE INVESTMENT INCENTIVE FOR MANUFACTURING COS 

*CHIDAMBARAM PROPOSES 15% BENEFIT FOR HIGH-VALUE INVESTMENTS 

*INDIA PROPOSES ADDITIONAL INTEREST DEDUCTION FOR 1ST HOME LOAN 

*INDIA TO GIVE TAX REBATE TO FIRST TIME HOME LOAN APPLICANTS 

*CHIDAMBARAM: PLANS INFLATION INDEXED BONDS/CERTIFICATES 

*INDIA PROPOSES 2 NEW PORTS 

*INDIA PROPOSES SIXTH NATIONAL WATERWAY IN ASSAM STATE 

*CHIDAMBARAM: OIL, GAS POLICY TO MOVE TO REVENUE-SHARING 

*INDIA CONSIDERING PUBLIC-PVT PARTNER MODEL TO RAISE COAL OUTPUT 

*CHIDAMBARAM URGES STATES TO FINALIZE ELECTTICITY BOARD RECASTS 

*INDIA TO DOUBLE REFIANCING CAPACITY OF SIDBI TO 100B RUPEES 

*INDIA TO ALLOCATE 1.51T RUPEES FOR TEXTILE TECHNOLOGY UPGRADE 

*INDIA TO CONTINUE TECHNOLOGY UPGRADATION FUND FOR TEXTILES 

*INDIA TO GIVE 140B RUPEES CAPITAL TO BANKS IN FY14 

*CHIDAMBARAM: TO ADD ADDITIONAL CAPITAL TO STATE-RUN BANKS 

*CHIDAMBARAM: TO INFUSE 125.2B RUPEES IN 13 BANKS BY MARCH 2013 

*INDIA PLANS TO SET UP BANK TO CATER TO WOMEN 

*INDIA PLANS 10B RUPEES CAPITAL FOR WOMEN BANK 

*INDIA PROPOSES TO SPEND 60B RUPEES ON RURAL HOUSING FY14 

*INDIA PROPOSES TO SET UP URBAN HOUSING FUND AT 20B RUPEES FY14 

*CHIDAMBARAM SAYS INDIA TO AMEND SEBI ACT 

*INDIA SETS 10% STAKE THRESHOLD TO BE CONSIDERED AS FDI 

*CHIDAMBARAM SAYS INVESTORS OF 10% OR LESS TO BE TREATED AS FII 

*CHIDAMBARAM: FIIS CAN TRADE IN EXCHANGE TRADED FX DERIVATIVES 

*CHIDAMBARAM: BOURSES TO INTRODUCE DEDICATED DEBT SEGMENT 

*INDIA PROPOSES DEDICATED DEBT SEGMENT ON STOCK EXCHANGES 

*CHIDAMBARAM: PLANS GENERATION BASED INCENTIVE FOR WIND PLANTS 

*INDIA PROPOSES TO ALLOCATE 62.75B RUPEES FOR SCIENCE AND TECH 

*CHIDAMBARAM SAYS POST OFFICES TO OFFER FULL-TIME BANKING 

*INDIA TO SET UP 10B RUPEE FUND FOR WOMEN EMPOWERMENT 

*INDIA SETS FY14 NON-PLAN EXPENDITURE AT 12 TLN RUPEES 

*INDIA ESTIMATES FY14 BUDGET DEFICIT AT 4.8% OF GDP 

*INDIA FY13 BUDGET DEFICIT AT 5.2% OF GDP, CHIDAMBARAM SAYS 

*INDIA ESTIMATES FY14 BUDGET DEFICIT AT 4.8% OF GDP 

*INDIA\'S REVENUE DEFICIT ESTIMATED AT 3.3% IN FY14 

*INDIA\'S REVENUE DEFICIT ESTIMATED AT 3.3% IN FY14 

*INDIA SHOULD RECLAIM PEAK GDP-TAX RATIO OF 11.9%: CHIDAMBARAM 

*CHIDAMBARAM: NO CHANGE IN TAX SLABS, RATES FOR FY14 

*INDIA PROPOSES TAX CREDIT TO THOSE EARNING UP TO 500,000 RUPEES 

*INDIA PROPOSES 10% SURCHARGE ON PERSONS WITH 10M RUPEE INCOME 

*CHIDAMBARAM: 10% TAX SURCHARGE FOR SALARIES ABOVE 10M RUPEES 

*CHIDAMBARAM PROPOSES SURCHARGE FOR ONLY 1 YEAR 

*CHIDAMBARAM: TAX SURCHARGE ON THE RICH FOR FY14 

*CHIDAMBARAM: PROPOSES REDUCTION IN SECURITIES TRANSACTION TAX 

*INDIA PROPOSES TAX ON NON-FARM COMMODITY FUTURES TRADING 

*INDIA COMMODITIES TRANSACTION TAX ON NON-FARM FUTURES CONTRACT 

*INDIA PROPOSES COMMODITY FUTURES TRADING TAX SAME AS STOCKS 

*CHIDAMBARAM: MODIFIED PROVISIONS OF GAAR EFFECTIVE APR 1, 2016 

*INDIA RAISES IMPORT DUTY ON SET-TOP BOXES 

*INDIA TO RAISE DUTY ON HIGH-END MOTOR VEHICLES TO 100% 

*CHIDAMBARAM: PLANS HIGHER DUTY ON IMPORTED VEHICLES, YACHTS 

*INDIA RAISES DUTY-FREE LIMIT ON BAGGAGE RULES 

*INDIA AMENDS RULES ON OVERSEAS TRAVELERS BRINGING GOLD JEWELRY 

*INDIA TO INCREASE EXCISE DUTY ON CIGARETTES 

*INDIA INCREASES EXCISE DUTY ON SUVS TO 30% 

*INDIA TO IMPOSE 2% CUSTOMS DUTY ON STEAM AND BITUMINOUS COAL 

*INDIA PROPOSES TO DOUBLE EXCISE DUTY ON MARBLE 

*INDIA PROPOSES SERVICE TAX ON ALL AC RESTAURANTS 

*INDIA SEES REV. GAIN OF 133B RUPEES FROM DIRECT TAX PLAN 

*INDIA TO RAISE IMPORT DUTY ON EXPENSIVE MOBILE PHONES TO 6%

I am on vocation for couple of days. Till Monday no updates will be available.

27-02-2013

HOPE SHOULD BE AS STRONG AS.........

HOW MARKET TAKES ECONOMIC SURVEY?

Yesterday, Bansal's Railway bulldosed the Nifty from its levels. We have to wait for puller from Economic Survey and Chidambaram's Budget.  

ICICIdirect reports Nifty rollover at 23.97% versus 30.97%. as on 26th.  Since OI levels are been maintaining between 5800 - 6000, with weak technical and sentiment, some more volatile can see.  As per Eq buying data, FIIs are in buying side only.  This may be good opportunity to buy equity stocks in phased manner.  

NIfty's may test its next retrenchment level of 5680, if the today's Economic Data and Tomorrows Budget disappoints.  Since market is almost in oversold zone, pull back rallies will be strong, even though they stay for shorter period. Positional Traders can take this opportunity to average their Value Stocks.

Yesterday the following stocks have reacted technically, may keep watch on Buy or Sell for Trading with Strict SL (as per your bearing capacity)

INDIACEM (THE INDIA CEMENTS LIMITED)

JSWENERGY (JSW ENERGY LIMITED)

GODREJIND (GODREJ INDUSTRIES LTD)

COREPROTEC (CORE PROJ. & TECH. LTD.)

BHUSANSTL (BHUSHAN STEEL LIMITED)

DLF (DLF LIMITED)

NHPC (NHPC LTD)

IDEA (IDEA CELLULAR LIMITED)

INFY (INFOSYS LIMITED)

WIPRO (WIPRO LTD)

TCS (TATA CONSULTANCY SERV LT)

PATNI (PATNI COMPUTER SYST LTD)

HCLTECH (HCL TECHNOLOGIES LTD)

SUNPHARMA (SUN PHARMACEUTICALS IND.)

APIL (ALSTOM PROJECTS INDIA LTD)

IGL (INDRAPRASTHA GAS LTD)

TECHM (TECH MAHINDRA LIMITED)

MCLEODRUSS (MCLEOD RUSSEL INDIA LTD.)

26-02-2013

MARKET: (HOW RAILWAYS TAKES NIFTY?)

Yesterday no Technical or Values have worked for most of the strips.  Even SEBI surprised for the movement of stocks and announced for action.  Since, I am having minimum level of accessibility to computer system, I could alert only our Registered Customers of Roaringstocks and could not contact Guest visitors of our Website and Blogger.  We feel sorry for that. As these 2 days  also market going to act on news and budget expectations along with other productions, trade with Strict Stop Loss.  Market may give good opportunities to positional traders to book their profits.

Since, Railway budget likely to project more on Travelers' Felicities/comforts, related sectors may be in  movement. Also, which stocks have already made journey with advanced productions, may go for profit booking.  To maintain the income levels, Railways may increase Transport Tariffs and will be quick reaction can witness by Commodities like Steel, Cement & Fertilizer Stocks and other indices will fallow later.

Some of the Infra stocks particularly Real Estate segment stocks may be in advances list.

Market likely to drive by news and budget announcements, no Specific Stocks have been mentioned.

Wish YOU Happy Trading.

25-02-2013

What Works for Us?

HOW NIFTY FOLLOW RAILWAY BUDGET?
Before Budget Traders will Cautious. Any how Stock Specific Movement will continue. Till Nifty Spot Closes below 5800 level there is fair chances to pull back rallies.  Since Railway Budget is on 26th, Economic Survey Submission on  27th and Financial Budget on 28th along with FNo Expiry, we should do with Strict Stop Loss.  

NIFTY SPOT LEVELS:
Pivot : 5853
Resistance: 5871/5891/5910
Support: 5833/5815/5795

NSE FNO BAN LIST:
HDIL, PUNJLLOYD, RENUKA, SUZLON, WELCORP

STOCKS ON WATCH: (Short listed for buy/sell)
Jindalsteel, Gujfluoro, JPpower; MnM; Idea; Guj Pipavav Port; Zee learn; Ess Dee Aluminium; FDC Ltd; Novapan Ind; Lupin; Glenmark; Bharti Airtel; Hanung Toys; Apollo Hospitals, ING Vysya, ITC, HDFC

STOCKS ON VALUE BUY: (Positional Trades)
VOLTAS, JVL FOODS

STOCKS FOR INTRADAY: (Pl trade with strict SL)
Apollotyres Eq: Buy > 88 TRG 90 SL 86
Hindzinc Eq : Buy > 118 TRG 120 SL 116
Biocon Eq:  Buy > 285 TRG 290 SL 282

INCOME TAX SAVING UNDER RGESS (SECTION 80-CCG)

 

GOVT HAS INTRODUCED RGESS SCHEME FOR TAX SAVING UNDER SECTION 80-CCG. THIS EXEMPTION IS APART FROM IT SECTION 80CC.  UNDER THIS SCHEME, THEY HAVE GIVEN GUIDELINES, HOW TO GO FOR BENEFITS, WHICH EQUITIES CAN BUY UNDER THIS SCHEME AND WHO CAN GET THE BENEFIT.

YOU MAY AVAIL THIS SCHEME. AND PASS ON TO NEAR AND DEARS.

RGESS SCHEME
 http://www.nsergess.com/
FOR ON LINE APPLICATIONS
ONLINE APPLICATION OF TECHNO SHARES
 http://www.technoworld.in/onlinefaq/images/File/ekyc/E-KYC%20PROCESS.htm

HOPE YOU ALL AVAIL THE ADDITIONAL FACILITY AND SAVE MONEY FOR YOUR BELOVED FAMILY MEMBERS.

LOGIN FOR DETAILS:


BYE
RAMESH-# 9885854321

FOLLOW US @ FACE BOOK
www.roaringstocks.com or ramesh babu, motamarri, & LINKEDIN

22-02-2013

WATCH  BEFORE YOU GO TO HUNT

NIFTY WHERE YOU ARE GOING?

Our Market also followed by Boarder Markets and money out flow (over sold) witnessed from Market. Even though FIIs bought Equity, market breadth is widening, and Nifty Future are in  discount.  This indicate the Value buying ONLY taking place.  Since market is in oversold and all FNO long positions are at minimum level, some pull back may witness. Nifty Spot has support at his 50% retrenchment level @ 5830, market may get support. Market may day range could be between 5820-5900.

NIFTY LEVELS: 
Pivot: 5873
Resistance: 5900/5950/5980
Support: 5820/5795/5745 

NSE FNO BAN LIST:
HDIL, PUNJLLOYD, RENUKA, SUZLON

STOCKS ON VALUE BUY:  
(Stocks almost year lows and quarter results are better than previous)
 Amtek Auto, CCL Products, Gallant Metal, Jyoti Structure, Mirza Int., Tata Metaliks

STOCKS FOR INTRADAY: (Pl trade with strict SL)
 ECE EQ: BUY > 127 TRG 133 SL 119
IFCI EQ: BUY > 32.50 TRG 33.50 SL 31.90
GODREJCON EQ: BUY > 754 TRG 768 SL 745
HDFC BANK EQ: SELL < 669 TRG 661 SL 674
YES BANK EQ: SELL < 492 TRG 478 SL 501

21-02-2013

EVERY UNIT IS IMPORTANT TO BUILD  

NIFTY TREND: 
As we expected Yesterday, Market closed flat, even though previous days high broken and closed better than previous day.   Yesterday all major equity indices and commodity indices closed in Red. Even today morning peer markets opened with negative bias.  Since our market is going to drive by our Budget Expectation & News, value buying likely to continue.  FIIs buying and Call premiums are confirming our views.  Selective Stocks can be pick with its Fundamental Values for Positional Trade.  Volume Traders should be hedged with CE/PE options.  Market going to pick-up from Third  Level support @ around 5900/5895.

NIFTY LEVELS (SPOT):
Pivot : 5951
Support: 5930/5917/5896
Resistance: 5964/5983/5996

FNO BAN LIST: 
HDIL, IRB, PUNJLLOYD, RENUKA, SUZLON

STOCKS TO WATCH: (Positional Traders)
Sail, Ambuja Cement, Shanti Gears, Vijaya Shathi Builders, Goa Carbon, Kalpataru Power, Educomp, Sadbhav Eng., Unity Intra. (@ important levels for long holdings)

Dish TV, Godrej Ind, Tata Motor DVR, BOI, HDFC, Glenmark Pharma, (@ levels of profit booking)

STOCKS FOR DAY TRADING:
Sail:  EQ Buy > 77 trg 81 sl 75.50
ACL: EQ Buy > 198 trg 202 sl 196
HPCL: EQ Buy > 316 trg 320 sl 313
Tata Motors: EQ Sell > 304 trg 300 sl 308

Tax sops to insurance may be in the offing | Business Standard

Tax sops to insurance may be in the offing | Business Standard

20-02-2013

WHY WE NEED?

DO WE NEED TRADE DAILY?

MARKET BREADTH WAS SUPPORTIVE WITH OTHER TECHNICAL, MARKET MAY OPEN WITH POSITIVE NOTE. SINCE CE AND PE PREMIUMS ARE EQUALLY DEMANDED AND NIFTY SPOT HAS RESISTANCE @ 5965 LEVEL, BUDGET SESSION IS GOING TO START TOMORROW, POSITIONAL TRADERS MAY NOT CARRY POSITIONS. AT HIGHER LEVEL WE CAN WITNESS SELLING.

NIFTY LEVELS:
PIVOT:  5923
RESISTANCE; 5964/5988/6028
SUPPORT: 5899/5859/5835

FNO BAN LIST:
HDIL, IRB, PUNJLLOYD, RENUKA, SUZLON

STOCKS TO WATCH:
Are we need to trade daily? absolutely not. But we should have watch, to encash opportunities.

HOW WE SHOULD SEE 'INSURANCE':
First we should get clarity about Insurance by putting the following questions.
-Is it Asset or Expenditure?
-If it is Expenditure, why should we calculate profit/economic benefits?
-If is is Asset, why should we bother about cost?
-Can we mix Expenditure and Asset together? (Buying a Chocolate to our children is expenditure only, even though it gives lot of happiness to them. But paying money for Insurance can't be expenditure, it is accumulated asset for our children/dependent)  
-Is Insurance we are opting for our-self or for our dependents?
-If it is for our-self, what is our expectations?  Is it for Tax Saving? To cover Partial Disability? Is to retain our fixed assets (housing loans etc)  Is it for Savings? etc
-If it is for dependents, is it for continuity of peaceful and standard (same standard) of life? or Compensate your obsense?
-If it is to meet expenditure of our children, should think about cost for continuity of education and social responsibilities?
-What is our human life value?
-What kind of money we can/should spare for future?
Wecan't measure the value of Confidence & Assurance.
If we got answers to above all we can short list and prioritize. 
One more Difficulty comes: finding out the reliable and economical products along with Professional Advise.
Since Insurance is not a commodity product, service oriented, and most of the claim arises, in our ob-sense/disability time (not maturity),  we should go for, who can be trust worthy and can get any service at any time.  

19-02-2013

NIFTY TREND:

Yesterday Market has been closed in Green. But traders' conviction is missing. Derivative CE & PE premium and Vix directions are supports to say, as traders have become conscious and covered their Futures positions.  But value buying witnessed in equities. As we mentioned yesterday, market likely to drive by News only. Market news like Banks NPA position, NHAI Review in Road projects; take the individual equities to new highs or lows. Market range shirked to 5900-6000 from 5900-6100 range. Market opens flat with positive bias and play in range bound. 5950 may act as resistance.

NIFTY FNO BAN LIST:

HDIL, IRB, PUNJLLOYD, RENUKA, SUZLON, WELCORP

NIFTY SPORT LEVELS:

Pivot: 5896

Support: 5881/5863/5848

Resistance: 5913/5928/5946

STOCKS TO WATCH: (positional)

DWARIKESH SUGAR, ERA INFRA, FDC, IGL, KCP SUGAR, SURANA TELE, ADANI ENT, ANSAL PRO, BALAJI TELE, DCB, DHANALAXMI BANK, HBL POWER, HOTEL LEELA, UB ENG.

STOCKS TO WATCH: (positional)

HUL: BUY > 468 TRG 474 SL 464

TATA COMM: BUY > 231 TRG 238 SL 225

SESAGOA: BUY > 167 TRG 169 SL 165